LF Woodford Equity Income and LF Woodford Equity Income funds update.
Following a statement from Woodford Investment Management, it has been announced on 15 October 2019 that after careful consideration, a decision has been made not to re-open the LF Woodford Equity Income fund.
In June 2019, the fund was suspended. After a recent review with the FCA, it was decided by Link Fund Solutions Ltd to wind-up the fund as soon as practicable in the best interest of all investors. You can find out more on the LF Woodford website.
In an additional statement released on 16 October 2019, it has further been announced that the LF Woodford Income Focus Fund has been suspended until further notice. You can find out more on the Link Fund Solutions website.
If you hold either or both of these funds, we will shortly be in direct contact to provide additional information.